On January 1 this year, China officially implemented the “tax-for-fees”
policy for corporate environmental protection tax. As the first enterprise in
Shandong Province which received environmental protection tax bills,Tiexiong
Xinsha Company under ZHONGRONG XINDA GROUP CO.,LTD. has arranged its
environmental protection work at a very early stage,made large investment, and
achieved remarkable results. It has now tasted the sweetness of
“tax-for-fees”reform and began to harvest environmental dividends. The reporter
checked Tiexiong Xinsha's environmental tax data for the first three quarters of
this year and found that corporate contributions decreased by 62% compared with
the same period of last year after the environmental protection
“tax-for-fees”.